Pending

1015 LOCUST ST NE

ST PETERSBURG FL, 33701

$995,000


$436.59 per sqft

Pending

5 Beds

3 Baths

2,279 sqft

Multi-family

Built in 1936

Under contract-accepting backup offers. ATTACHMENT IN MLS / 100% Occupied - Excellent Cash Flow and Investment Opportunity without the worries of upkeep. Beautifully renovated on 10/21/2021 located in Historic Old North East is a great opportunity to expand or start your investment portfolio. With close proximity to Downtown St Petersburg (Bayshore Drive and Central Ave). this property is great for capitalizing on all that St. Pete has to offer. With mid term or long term rental possibility each unit offers comfortable and functional living spaces, providing an excellent opportunity for rental income. The well-designed floor plans maximize the use of space and provide a cozy atmosphere. Accompanied by numerous attractive features, such as NEWER Storm grade windows, fully remodeled kitchens encompassed with stainless steel appliances, quartz counter tops, and soft close cabinets to round off these kitchen areas. The elegantly remodeled bathrooms for this property provide a gentle aired touch of comfort and sophistication for tenants while easy to maintain for the landlord. Residents will enjoy other benefits such as well appointed closet space (some walk-in-closets) and the rare benefit for the area of covered parking in the rear of the property when needing to use their vehicles for travel or useful as private storage for tenants. Having the additional parking available on-street, and parking spaces off-street this property offers and clears any parking concerns one may have. With an immediate abundance of amenities nearby in Downtown St. Pete and being blocks from Vinoy Park, tenants are able capitalize on the ultra desirable location by biking or walking to their desired destinations. Such desirabilities would be sipping an almond mocha at black Crow Coffee Shop or taking a leisurely stroll to Vinoy Park and crack open a favorite novel on The Bay. Drop by for all-you-can-eat shrimp at 4th Street Shrimp Store before walking it off downtown to enjoy a libation, just in time for happy hour. Residents will also enjoy being a short distance away from local shops, entertainment and other restaurants in the area. With additional benefits such as access to major roads, providing quick connections to the surrounding Bay Area, Business Districts, Marina's, and Beaches this property features the location, highlighted by the upgrades throughout the property and and presents and presents a great cash flow opportunity for those looking to purchase as investment or live in one unit and rent the others.

U8236468

MLS ID

April 26, 2024

Listed

May 9, 2024

Updated

Map

1015 LOCUST ST NE
ST PETERSBURG FL, 33701

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3


Interior Features

Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Primary Bedroom Upstairs, Thermostat, Vaulted Ceiling(s)


Appliances

Built-In Oven, Dishwasher, Microwave, Refrigerator


Laundry Description

Electric Dryer Hookup, Inside, Laundry Closet, Laundry Room


Floor Description

Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Electric

Exterior/Building Features

Lot Size

0.15 Acres


Exterior Features

Balcony, French Doors, Lighting, Private Mailbox, Rain Gutters, Sidewalk, Storage


Lot Features

Historic District, City Limits, In County, Landscaped, Level, Near Golf Course, Near Marina, Near Public Transit, Sidewalk, Paved


Roof

Shingle


Sewer

Public Sewer

School Information

High School

St. Petersburg High-PN


Elementary School

North Shore Elementary-PN

Other Property Details

Area Name

33701 - St Pete


Taxes

$15,598


Tax Frequency

Annually


Days on Market

7


Garage

Yes


Garage Spaces

3


Parking

Covered, Curb Parking, Driveway, Ground Level, Guest, Off Street, On Street, Under Building


View

Yes


View Description

City, Trees/Woods


County

Pinellas


Municipality

31


Water Source

Public


Pool

No


Buyer Agency Compensation

3%-$395

Listing History

Date

Event

Price

5/3/2024

Pending

Listed by COMPASS FLORIDA LLC
Listing Contact: 727-339-7902 

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Data last updated 5/9/2024, 8:03 AM UTC

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